Expecting a nice retracement on the Daily candle to form a lower high and then an extension to the downside to form a new Lower Low. The Fib has been used for the 5th Feb Daily candle and we are targeting two entries The 5m/1hr DBD The 61% Fib Level The DBD: The Drop-Base-Drop (DBD) was identified on the 1hr timeframe using the QuantumTrader Indicator, I...
Ethereum bounced off the lower boundary of ascending channel. Bullish movement to resistance level at 2088 is possible.
Ethereum broke trough off the upper boundary of descending channel. Bullish movement to resistance level at 2165 is expected to happen.
Ethereum broke through the lower boundary of ascending triangle. Bearish movement to support level at 2020 is possible.